My take is that J&J would still like to do the deal but that Guidant is unwilling to negotiate the price enough so that J&J is satisfied. |
The fundamentals are certainly better for the Europeans, which is why they have the premium. |
Three years from now, Bristol could easily be viewed as one of the best. |
You're really setting the tone that Bristol can deliver $1 billion-plus products to market. That's something that a lot of people have been skeptical of. |